# Ram Ratna Wires acquires 60% stake in Tefabo Product Private Limited for INR 300 million

Ram Ratna Wires Limited agreed to acquire a 60% stake in Tefabo Product Private Limited from Mahendra Kumar Kabra, Sumeet Mahendrakumar Kabra, MSH Ventures LLP and other unrelated parties for INR 300 million in cash. The transaction was completed on November 13, 2024.

- Type: Acquisition
- Announced: 2024-11-13
- Where: India
- Value: $3.60M (300.0M INR)
- Status: completed
- Products: wires, electrical components
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Ram Ratna Wires Limited](https://endata.com/companies/80919.md) (acquirer)
- [Tefabo Product Private Limited](https://endata.com/companies/80920.md) (target)
- [Mahendra Kumar Kabra](https://endata.com/companies/80921.md) (partner)
- [Sumeet Mahendrakumar Kabra](https://endata.com/companies/80922.md) (partner)
- [MSH Ventures LLP](https://endata.com/companies/80923.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/RAM-RATNA-WIRES-LIMITED-13255745/news/Ram-Ratna-Wires-Limited-acquired-60-stake-in-Tefabo-Product-Private-Limited-from-Mahendra-Kumar-Kab-48352675/), 2024-11-12: "Ram Ratna Wires Limited (BSE:522281) completed the acquisition of 60% stake in Tefabo Product Private Limited from Mahendra Kumar Kabra, Sumeet Mahendrakumar Kabra, MSH Ventures LLP and other unrelated parties on November 13, 2024."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.